Luno, the global cryptocurrency app that puts the power of crypto in everyone’s hands, has today announced that it has been awarded a digital asset service provider (DASP) registration in France by the Autorité des marchés financiers (AMF), following clearance by the Autorité de Contrôle Prudentiel et de Résolution (ACPR). 

A desire to reduce the risk of financial crime (FinCrime) is behind an exciting new partnership between Experian and, leading CRM data quality experts, DQ Global, as they launch a new data-driven solution, DQ Compliance.

Fintech application 

The global identity verification and fraud prevention service provider, iDenfy, expanded its solutions kit by presenting a new, user-friendly WordPress plugin. Now, iDenfy’s AI-powered ID verification solution can be easily integrated into any WordPress website. 

Listed interest rate derivatives and commodities futures and options performed best for proprietary trading firms in the first half of 2022 as fears of a recession and soaring inflation caused volatility across global markets, this quarter’s Acuiti Proprietary Trading Managers’ Insight Report has found, conducted in partnership with Avelacom.

Prytek, a global technology corporation, today announces the launch of 1TX, an ecosystem for accelerating Innovation and end-to-end Software QA engineering and testing services focused on delivering Innovation as a Service, Testing as a Service and Automation as a Service. 1TX is an innovation platform by Prytek and forms part of their technology arm.

Profile Software, an international financial solutions provider, announced today the launch of its pioneering solution Acumen.plus Loan Portfolio Management for corporates. It offers unique support to corporates including shipping firms and family offices with powerful loan management functionality as well as risk management in specific areas whilst having an extensive range of functions across financial instruments. 

Launched in 2009, Islamic Finance has been the fastest evolving
industry. Fintech is the future of finance and Shariah compliant
fintech solutions are catching up fast. However, while any finance
solution shall be Shariah compliant, a question remains on the added
value of such solutions. Questions such as do we need more Shariah
compliant Buy Now Pay Later and credit applications? Does such an
application encourage people to spend more than needed? Or are they
necessary developments and enhancing the quality of life of Muslims?

Private equity giants, Carlyle and Advent International have announced their plans to acquire a 10% stake in YES Bank, one of India’s largest private sector banks, as part of a $1.1 billion capital raise.

Australian neobank Up Bank has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years.